A sale of goods by a U.S. company was denominated in a foreign currency. The sale resulted in a receivable that was fixed in terms of the amount of foreign currency that would be received. Exchange rates between the dollar and the foreign currency changed so that a loss was incurred. This loss should be included as a O a. Extraordinary item in the income statement O b. Deferred item in the balance sheet O c. Component of income from continuing operations O d. Separate component of stockholders' equity